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(1)(When thieves walk in the streets are safe there are two reasons, but a big thief system or stupid people bigger .. Lee Kuan) .. in Iraq after the 2003 people is not the biggest fool, but the system is a big thief, and thieves who walk in the streets of Iraq safe they are senior officials and politicians and the people 's Congress,

and the story of the auction currency in Iraq will fill the pages of history as the biggest drain process and theft of public money Iraq took place in Iraq since its inception and until this moment,

​and ironic that those who loot the Iraqi people 's money are themselves grappling Iraqi public affairs and who speak sincerely about the concerns of the citizen and the suffering and problems ,

And they who propose solutions to these concerns and problems, and who raise the slogan of fighting corruption in Iraq, t

he auction currency , which was introduced to cover Iraq 's imports of goods and services after the fall of the dictatorial regime, is the most dangerous types associated with the process of money laundering and smuggling of economic corruption out of Iraq, in many the central bank often sells dollar larger than Iraq 's income from foreign currency amounts,

and all official investigations carried out on the currency auction file confirms that the size of corruption in this file is too large and that the Iraqi people 's money was stolen through this auction according to the fictitious contracts,

banks and snare Fake names and fictitious traders, stands behind all large mafias linked to political parties and blocs that formed the Iraqi political scene after the fall of the dictatorial regime .

Lord means asking if all official investigations confirm that the currency auction file is the most dangerous files of corruption and widely Baba and through this section sapped Iraqi public money, so why successive governments have kept the continuation of this massive fire and this bleeding Iraqi public money until this moment ??

Why withheld your file with this investigation, which was formed under the chairmanship of former Vice - President of the Iraqi Council of Representatives , Dr. Qusay al - Suhail of the Iraqi public opinion?

What are the actions taken by the Iraqi Council of Representatives , as the central bank accountable to the Iraqi Council of Representatives? The biggest question directed to the government why has not canceled the currency auction until this moment? It is the party that refuses to cancel the auction?

Will the government and regulatory bodies and the Iraqi judiciary stood by the representatives of the public claim on the size of the corrupt financial empires that arose through the auction currency?

How much is the size of the central bank 's sales of hard currency since the beginning of this auction in 2004 and until this moment? How much is the amount of money that entered Iraq as commodities and services of the currency auction money?

When the funds that entered the country as goods and services ratio is only 20% of the value of the central bank sales volume,

this is not conclusive evidence of the size of this massive fire? Who are the banks, banks and civil companies that buy the dollar from the central bank? It is linked to senior officials, politicians and deputies , as rumored? Finally , who is responsible for the continuation of this fire and the bleeding of the Iraqi public money? ...

(2)In the first part of this article we have made it clear to the reader Karim that the currency auction, which was created in 2004 in order to cover the expenses of Iraq's imports of goods and services and the control of the Iraqi dinar exchange rate in order to achieve balance and price stability and achieve a measure of economic growth, is the price of the most dangerous types associated with economic corruption money laundering and smuggling operation out of Iraq,

and we have made clear that all official investigations carried out on the auction file currency confirms that the Iraqi public money has been subjected to the biggest robbery in history, through this auction through fictitious contracts, banks, fake and fictitious companies and the names of dealers and Hmaa ,

​and ironic that those who loot the Iraqi people 's money are themselves grappling Iraqi public affairs and who speak sincerely about the concerns of the citizen and the suffering and problems ,

And they who propose solutions to these concerns and problems, and who raise the slogan of fighting corruption in Iraq, t

he auction currency , which was introduced to cover Iraq 's imports of goods and services after the fall of the dictatorial regime, is the most dangerous types associated with the process of money laundering and smuggling of economic corruption out of Iraq, in many the central bank often sells dollar larger than Iraq 's income from foreign currency amounts,

and all official investigations carried out on the currency auction file confirms that the size of corruption in this file is too large and that the Iraqi people 's money was stolen through this auction according to the fictitious contracts,

banks and snare Fake names and fictitious traders, stands behind all large mafias linked to political parties and blocs that formed the Iraqi political scene after the fall of the dictatorial regime .

Lord means asking if all official investigations confirm that the currency auction file is the most dangerous files of corruption and widely Baba and through this section sapped Iraqi public money, so why successive governments have kept the continuation of this massive fire and this bleeding Iraqi public money until this moment ??

Why withheld your file with this investigation, which was formed under the chairmanship of former Vice - President of the Iraqi Council of Representatives , Dr. Qusay al - Suhail of the Iraqi public opinion?

What are the actions taken by the Iraqi Council of Representatives , as the central bank accountable to the Iraqi Council of Representatives? The biggest question directed to the government why has not canceled the currency auction until this moment? It is the party that refuses to cancel the auction?

Will the government and regulatory bodies and the Iraqi judiciary stood by the representatives of the public claim on the size of the corrupt financial empires that arose through the auction currency?

How much is the size of the central bank 's sales of hard currency since the beginning of this auction in 2004 and until this moment? How much is the amount of money that entered Iraq as commodities and services of the currency auction money?

When the funds that entered the country as goods and services ratio is only 20% of the value of the central bank sales volume,

this is not conclusive evidence of the size of this massive fire? Who are the banks, banks and civil companies that buy the dollar from the central bank? It is linked to senior officials, politicians and deputies , as rumored? Finally , who is responsible for the continuation of this fire and the bleeding of the Iraqi public money? ...

(2)In the first part of this article we have made it clear to the reader Karim that the currency auction, which was created in 2004 in order to cover the expenses of Iraq's imports of goods and services and the control of the Iraqi dinar exchange rate in order to achieve balance and price stability and achieve a measure of economic growth, is the price of the most dangerous types associated with economic corruption money laundering and smuggling operation out of Iraq,

and we have made clear that all official investigations carried out on the auction file currency confirms that the Iraqi public money has been subjected to the biggest robbery in history, through this auction through fictitious contracts, banks, fake and fictitious companies and the names of dealers and Hmaa ,

​and ironic that those who loot the Iraqi people 's money are themselves grappling Iraqi public affairs and who speak sincerely about the concerns of the citizen and the suffering and problems ,

And they who propose solutions to these concerns and problems, and who raise the slogan of fighting corruption in Iraq, t

he auction currency , which was introduced to cover Iraq 's imports of goods and services after the fall of the dictatorial regime, is the most dangerous types associated with the process of money laundering and smuggling of economic corruption out of Iraq, in many the central bank often sells dollar larger than Iraq 's income from foreign currency amounts,

and all official investigations carried out on the currency auction file confirms that the size of corruption in this file is too large and that the Iraqi people 's money was stolen through this auction according to the fictitious contracts,

banks and snare Fake names and fictitious traders, stands behind all large mafias linked to political parties and blocs that formed the Iraqi political scene after the fall of the dictatorial regime .

Lord means asking if all official investigations confirm that the currency auction file is the most dangerous files of corruption and widely Baba and through this section sapped Iraqi public money, so why successive governments have kept the continuation of this massive fire and this bleeding Iraqi public money until this moment ??

Why withheld your file with this investigation, which was formed under the chairmanship of former Vice - President of the Iraqi Council of Representatives , Dr. Qusay al - Suhail of the Iraqi public opinion?

What are the actions taken by the Iraqi Council of Representatives , as the central bank accountable to the Iraqi Council of Representatives? The biggest question directed to the government why has not canceled the currency auction until this moment? It is the party that refuses to cancel the auction?

Will the government and regulatory bodies and the Iraqi judiciary stood by the representatives of the public claim on the size of the corrupt financial empires that arose through the auction currency?

How much is the size of the central bank 's sales of hard currency since the beginning of this auction in 2004 and until this moment? How much is the amount of money that entered Iraq as commodities and services of the currency auction money?

When the funds that entered the country as goods and services ratio is only 20% of the value of the central bank sales volume,

this is not conclusive evidence of the size of this massive fire? Who are the banks, banks and civil companies that buy the dollar from the central bank? It is linked to senior officials, politicians and deputies , as rumored? Finally , who is responsible for the continuation of this fire and the bleeding of the Iraqi public money? ...

(2)In the first part of this article we have made it clear to the reader Karim that the currency auction, which was created in 2004 in order to cover the expenses of Iraq's imports of goods and services and the control of the Iraqi dinar exchange rate in order to achieve balance and price stability and achieve a measure of economic growth, is the price of the most dangerous types associated with economic corruption money laundering and smuggling operation out of Iraq,

and we have made clear that all official investigations carried out on the auction file currency confirms that the Iraqi public money has been subjected to the biggest robbery in history, through this auction through fictitious contracts, banks, fake and fictitious companies and the names of dealers and Hmaa ,

Punisher: People are getting louder with calls to shut down the auctions....another from today:

3/1/2018 Economy News Baghdad: Demanded the Iraqi Central Bank, broker for buying and selling currencies and foreign companies need to deposit 100 million dinars instead of the speech security in its dealings with the central bank.

A document issued by the Central Bank and obtained by the "Economy News", "the central bank decided on the basis of its board's decision by the exchange companies to deposit the amount of a hundred million dinars in the insurance account at the central bank rather than providing letters of guarantee."

The document said that " the payment will be through the payments system notice ( RTGS) of the same amount from the bank that deals with those companies for the benefit of the central bank account."

The document indicated that the decision needful companies to be completed this decision any deposit amount percent million dinars, the end of the month of January.

Kaperoni: So this goes with yesterday's post. The CBI is allowing exchange companies to deposit a hundred million dinars in the insurance account at the central bank rather than providing letters of guarantee. A Notice yesterday was sent to complete a form if interested.

Today, we see a more formal explanation from the CBI on the process. To me, this just seems to be a way to simplify the foreign exchange process while still providing assurances to the CBI.

Mike: Good stuff thanks Kap

Wn: Good find and explanation. Thanks Kap

Kaperoni: The central bank is required exchange companies to deposit a hundred million dinars has the end of this month

3/1/2018 BAGHDAD / Tomorrow Press: An informed source at the Central Bank of Iraq, on Wednesday that " the bank committed exchange companies Druroh deposit of 100 million dinars in their accounts at the bank instead of letters vibrios."

The source said , "Tomorrow 's Press" preferred not to be named, said that " the Central Bank has decided, on the basis of its board 's decision, the exchange companies to deposit (100,000,000) dinars ( a hundred million dinars) in the insurance account at the central bank rather than provide letters of guarantee ".

The source said that " the payment will be through the payments system notice (RTGS) the same amount from the bank that deals with those companies for the benefit of the central bank account."

He stressed that " the decision needful companies to be completed this decision any deposit amount percent million dinars , the end of the month of January."

​Kaperoni: The central bank imposes a new condition on the broker for the sale of currency companies

Wednesday January 32 018 13:27 Alsumaria News / Baghdad issued the Central Bank of Iraq , Wednesday, a new condition to the broker for the sale and purchase of foreign currency companies to continue to enter the window selling currencies.

The bank said in a statement received by Alsumaria News, "it decided to exercise of your deposit amount of 100 million dinars in the insurance account at the central bank rather than letters of guarantee through the payments system notice of the amount mentioned from the bank with your company for the benefit of the central bank account , " noting that " the decision comes According to the board of Directors resolution No. 55 on 25 December last.

The bank added that " the last period to complete the deposit is at 31 this January."

The Bank has set new conditions and instructions on the banks and broker companies to enter the currency to prevent the sale of corruption and trading in hard currency operations window.

Kw: So they have until the 31st of this month to deposit the money to activate insurance accounts. This is one way to get dinar off the street.

Kaperoni: If you look at the daily auctions, only a handful of money exchangers participate. The amount of money deposited is equivalent to about $90,000 each which is small compared to the 34+ trillion dinar in homes, mattresses etc.

Like I said, this to me is just simplification and elimination of the letters of guarantee as the last article states..."to prevent the sale of corruption and trading in hard currency operations window."

Punisher: This is one way to deal with corruction and money laundering.

03-01-2018 02:20 PM I intend to open this topic in a new program promising him in the channel 'that RTL Arab' but I decided to talk about it and urged all colleagues in television programs and the Iraqi media to talk about it as part of our moral duty, national and also our defense as media for the right of the citizen and the rights of media organizations.

The government and private Iraqi banks network failed to achieve any progress in the Iraqi banking system and also in the banking culture among the people.

The reason for failure wrong policies taken by the all parties, including the Central Bank of Iraq.

We believe that the role of the central bank 's core at this stage is to spread the banking culture and encourage the use of banks for the purpose of withdrawing cash currency enormous in Iraq through the smart card systems and Visa card and spread the use of bank deposit instruments substitute for cash currency in all walks of life from restaurants to shops to all dealings commercial. Our situation if all the countries of the world.

But the central bank and government financial policies based on a bureaucratic system cowardly, and hiding behind a corruption perspective expressed on a daily basis 'currency - the controversial' auction 'spoiled Iraqi banks' civil and government around to the shops to smuggle instead of withdrawing them from the market currency.

When the function of dozens of banks , Iraqi and foreign operating in Iraq and companies are to be 'auction currency' will not be part of its duties or priorities publish banking culture or withdraw paper currency from the market or encourage the publication of financial mechanization, because it is not interested in it and do not want mainly concern itself in this case.

((We are asking citizens and Kaalamyin that the Iraqi parliament issued a new law for the work of banks in Iraq includes the allocation of 5 percent of the money circulating in the auction currency for the purpose of dissemination of banking awareness through awareness campaigns carried out by the banks themselves through the media, and encourage mechanization in the financial trading in Iraq by purchasing trading devices and free distribution to shops, malls, restaurants , etc ...)).

We have complementary social media in the interest as a means of forcing Iraqi banks and banking companies to perform their role of awareness in society.

As you know that the banks ads form the core of the financing of many of the media in the region and the world through advertising awareness, promotion and competition among banks to provide services, except in Iraq , not banks , the government is interested in advertising and spreading awareness nor private banks, neither the government nor the parliament .. everyone turns Iraq into tag a large office, run away from him billions of dollars annually.

​We say this because we are talking about a just cause, In the face of continued bleeding capital of Iraq in the currency auction, you must force the beneficiaries to provide services to encourage people to restore confidence in the banking system and the withdrawal of currency from the market and replaced the electronic currency .. I am not invented duties for one .. it also would claim The direct duty of the state with all its edges.

The article expresses the opinion of its author and does not necessarily reflect the point of view of the Euphrates news

Phil Oberholzer: Well my my my, all this public awareness going on...I hope it gets the members in Parliment a shakin' in there shoes. TY Kap

Punisher: Love it....it's a new year....the people know what is going on and are talking loud now....

I intend to open this topic in a new program promising him in the channel 'that RTL Arab' but I decided to talk about it and urged all colleagues in television programs and the Iraqi media to talk about it as part of our moral duty, national and also our defense as media for the right of the citizen and the rights of media organizations.

For sure- He can't explain anything, because he DOESN'T KNOW anything-Well, maybe a pizza, but even that is on my 'doubt' list-Anyone that uses a 'barn' shovel to feed a pizza into a furnace, ain't too bright, IMO-